Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Franchino Agency, Inc. Hillsborough, New Jersey.
Terms were not disclosed.
Franchino Agency, headed by Gabe Frangione, president, offers personal and commercial lines policies.
Union Bay Acquisition owns property/casualty insurance agency Union Bay Risk Advisors, and acquires small insurance agencies in the Northeast and Midwest
Topics Mergers & Acquisitions New Jersey
Was this article valuable?
Here are more articles you may enjoy.
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit 
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO 
Fla. Supreme Court Reverses Lower Court on Compensability of a Workplace Shooting 
